Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (220519)	2/23/2005 5:15:53 PM
From: combjelly	Read Replies (1) \| Respond to of 1573766

"It seems wherever I went in FLA there was a Winn Dixie. What happened to the store?" They had the whole state carpeted when I sold Coke there while I was in college. It was rumored that the primary requirement for a Winn Dixie manager was that their parents couldn't be married to each other... Probably what happened is what happens to a lot of supermarket chains. They expanded too far and their order tracking system fried. When they started to show up in East Texas, it meant they were on that road.

To: tejek who wrote (220519)	2/23/2005 8:24:27 PM
From: Road Walker	Respond to of 1573766

re: John, I was surprised to hear that Winn Dixie had filed for bankruptcy. It seems wherever I went in FLA there was a Winn Dixie. What happened to the store? One word: WalMart. I heard today that WalMart represents 1% of China's total GDP. I remember when WalMart was on their "buy America" PR blitz. I was trying to sell products to them; they wouldn't even look. Labor in China is $0.25 to $0.60 per hour, no "benefits". They work 60-80 hours a week and like it. They can hire 20 workers for what it costs to hire one worker in the US. They are investing in manufacturing technology at at least 2X the US rate. And every US corporation is going there for production... because if their competitor goes... they have no choice if they want to be price competitive. At the same time China is building their military, they are building their space program, they are forming alliances, and they hold $Billions in US debt, that they can use as a weapon at any time. That's a long way from "what happened to Winn Dixie", but it's a bigger picture, IMHO. John